Monday, October 1, 2012

Volume off the high for 9/27/12, homebuilders and related stocks showing some weakness

Never did get to this update over the weekend. However, I did want to keep the list going, at least for continuities sake. One interesting note, many of the homebuilder stocks are hitting the initial screens. Although they do not make the final cut- because of a lack of volume conviction- I find it interesting that the industry appears to be selling off. In addition, many homebuilding related names are making the final cut of stocks selling off near high on heavy volume. My thoughts are that any significant sell off in the group would present a buying opportunity, but the number of companies hitting the screens warrants further research.

Arlington Asset Investment Corp- AI
 Capstead Mortgage- CMO
 Morgan Stanley Emerging Markets- EDD
 HB Fuller- FUL
 IQ US Real Estate Small Cap ETF- ROOF
 Sociedad Quimica Minera- SQM



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